November 12, 2011 at 10:00 AM EST
PowerShares Rolls Out Inverse, Leveraged Japanese Bond ETNs
PowerShares rolled out a pair of ETNs offering inverse exposure to Japanese government bonds, rounding out a suite of products delivering targeted exposure to one of the world’s largest debt markets. The new ETNs join the existing Japanese Government Bond Futures ETN (JGBL) and 3x Japanese Government Bond Futures ETN (JGBT), both of which are linked to the DB USD JGB Futures Index. That benchmark consists of 10-year JGB Futures, the underlying assets of which are Japanese-government issued debt securities with a remaining term to maturity of not less than 7 years and not more than 11 years as of their issue date and the futures contract delivery date. The two new ETNs are: PowerShares DB Inverse Japanese Government Bond Futures ETN (JGBS) PowerShares DB 3x Inverse Japanese Government Bond Futures ETN (JGBD) Both will be linked to the same index as the existing long products, with JGBS charging 0.50% annually [...] Click here to read the original article on ETFdb.com. Related Posts: March ETF Roundup: Launches, Filings, and Closures Country-Specific Bond ETNs Debut PIMCO Debuts Germany, Canada Bond ETFs Using ETFs To Build A Complete Bond Portfolio International Bond ETFs: Cruising Through All The Options
PowerShares rolled out a pair of ETNs offering inverse exposure to Japanese government bonds, rounding out a suite of products delivering targeted exposure to one of the world’s largest debt markets. The new ETNs join the existing Japanese Government Bond Futures ETN (JGBL) and 3x Japanese Government Bond Futures ETN (JGBT), both of which are linked to the DB USD JGB Futures Index. That benchmark consists of 10-year JGB Futures, the underlying assets of which are Japanese-government issued debt securities with a remaining term to maturity of not less than 7 years and not more than 11 years as of their issue date and the futures contract delivery date. The two new ETNs are:  PowerShares DB Inverse Japanese Government Bond Futures ETN (JGBS) PowerShares DB 3x Inverse Japanese Government Bond Futures ETN (JGBD) Both will be linked to the same index as the existing long products, with JGBS charging 0.50% annually [...]

Click here to read the original article on ETFdb.com.

Related Posts:

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here